Discovery Institute Inc

Analysis

Discovery Institute Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Discovery Institute Inc reported income of $98k and spending of $99k, spending 102% of its income. Across the 3 years on record, from August 2022 to August 2024, income fell from $130k to $98k (-25%), an average of -13% a year. The sharpest change came in the year to August 2024, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Institute Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($98k), Hampshire Whip-Purs Athletic Booster Club ($98k) and United Union of Roofers Waterproofers & Allied Workers ($98k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $338k against liabilities of $195k, net assets of $143k.